Plan Snapshot
- Plan Sponsor: Riverhead Building Supply Corp.
- Sponsor EIN: 112238519
- Sponsor Address: 250 DAVID COURT, CALVERTON, NY, 11933
- Plan Type: 401(k)
- Total Participants: 599
- Total Assets: $80.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 599 | $80.3M | $2.6M | $3.9M |
| 2023 | 571 | $68.7M | $2.3M | $3.6M |
| 2022 | 551 | $56.8M | $2.0M | $3.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISOR | $102,824 | — | $102,824 |
| EMPOWER LIFE & ANNUITY INSURANCE CO | RECORDKEEPER | $99,400 | — | $99,400 |
| COMMONWEALTH EQUITY SERVICES LLC DB | INVESTMENT ADVISOR | $59,917 | — | $59,917 |
| SHEEHAN COMPANY CPA PC | AUDITOR | $17,500 | — | $17,500 |
| SHEEHAN & COMPANY CPA PC | Auditor | $17,500 | — | $17,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $297,141
- Estimated Expense Ratio: 0.370% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $279,641 | $162,741 | — | $17,500 | — |
| 2023 | $238,525 | $141,971 | — | $21,500 | — |
| 2022 | $231,774 | $172,602 | $43,422 | — | $14,000 |